Project Endings
You’ve made it to the end of the project and to the end of the project lifecycle. The Closing process is the last phase of the project management lifecycle, and it’s the most often overlooked. However, there are a few key activities you’ll want to complete in the Closing phase. Before diving into those activities, let’s look at the characteristics of closing and the reasons projects come to an end.
Characteristics of Closing
A few characteristics are common to all projects during the Closing phase. You’ve already completed the majority of the work of the project—if not all of the work—so the probability of not finishing the project is low. Risk is low in this process group also because the work is completed. There’s little chance that a risk would occur at the end that would derail the project. Stakeholders have the least amount of influence during the Closing processes, while project managers have the greatest amount...